Institution: Texas County and District Retirement System
Headquarters: Austin, United States
Allocation to alternatives: 37.23%
Texas County and District Retirement System (TCDRS) has increased its exposure to private equity from 16.0 percent to 18.0 percent, according to a recent update on the pension’s website.
The $29.16 billion US public pension has an 18.0 percent target and current allocation to private equity.
As illustrated below, TCDRS has made several commitments to private equity funds with a 2019 vintage, which combined constitute $255 million.
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